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Drilling update at Ditau, KSZ Project, Botswana
Drilling update at Ditau, KSZ Project, Botswana.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n \nRNS Number : 1754Z Kavango Resources PLC 16 May 2019 \n\nPRESS RELEASE\n \n \n 16 May 2019\n \nKAVANGO RESOURCES PLC\n(\"Kavango\" or \"the Company\")\n \nDrilling Update at Ditau, KSZ Project, Botswana\n \nKavango Resources plc (LSE: KAV), the exploration group listed on the Standard List segment of the main market of the London Stock Exchange and targeting the discovery of world class mineral deposits in Botswana, is pleased to release further information on the 2nd diamond drill hole at the company's Ditau prospect (DitDDH2). The intersection of over 320 metres of intensely altered Karoo sediments above a gabbroic intrusive mirrors the alteration identified in DitDDH1, which lies 1.8km to the west. \nThe Ditau prospect, which forms part of Kavango's KSZ Project, is underlain by magnetic and gravity anomalies that suggest a 7km x 5km intrusive body at depth. The alteration zone was discovered using ground based geophysical techniques.\nAlthough Kavango's principal interest is in the alteration halo, it was decided to continue the hole until the underlying intrusive was encountered at 478.55m. Since the intrusive (gabbroiv) was also seen to be altered and mineralized the hole was continued to a final depth of 557.34m.\nHIGHLIGHTS:\n· The second hole (DitDDH2) drilled at the Company's Ditau Prospect was finally stopped at 557.34m. Core recovery was good. Downhole surveying confirmed that deviation of the hole from vertical was minimal.\n· Kalahari sands and sediments extended to 40m. Karoo sediments continue for a further 438m until the intrusive is encountered at 478.55m. An 80m dolerite sill was intersected at 281m. \n· Geological logging and preliminary geochemical analysis by portable XRFi shows a 320m zone of intensely altered rock, similar to that encountered in DitDDH1, was intersected before reaching the underlying intrusive. \n· The hole was continued for a further 78.79m into the gabbroic intrusive which was mineralized and heavily altered. The mineralization included chalcopyrite (copper sulphide 1.5% XRF reading).\n· Half core from the alteration zone and the gabbro has been cut and sampled at 1m intervals and has been sent (via South Africa for preparation) ...